Insight from Colin Twiggs. I am not a licensed investment adviser. Please read the Disclaimer.

Australia’s Surplus Dreams Are Just That – WSJ.com

Cynthia Koons: Not only were [Australian] exports down, but imports declined too. Imports of goods for consumption fell 7%, reflecting caution in Australian households. Capital goods imports fell by 5%, a number that should be a particular concern for policy makers: A slowdown in purchases of machinery and equipment could be an early sign that investment in Australia’s resources boom is weakening.

The dreams will become nightmares when the debts upon which the maintenance of GDP over the period 2007-2011 were created. When did it ever make sense to borrow 20% of GDP to create 20% of GDP? The interest payments over a 13 year period will consume 20% of GDP. The government has no knowledge of how money is created or how debts are repaid. These are two fundamental principals of financial management. Let this decade be a lasting lesson to the people on how their country can be lost by leaving it in the hands of idiots.